The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1887-06-18
nIMIM6 NEWS,


| Suit has been commenced in tn,
District Court by Samuel Allen
w. H. Watt, Walter P. Jenney ane
j. K. Clark against George Mont
gomery and S. P. Woodward Il
dissolve partnership and receives
the sum of $1O5O expended by
plaintiffs for defendants i'm work
ing the Parker group of mines.
The Alturas Gold Company
property at Rocky Bar is proving
a bonanza to the stockholders. An
other important strike has beer
made in No. 2 level of the Gilmore
mine, the vein showing over sis
feet of ore assaying 20 ounces in
gold. Two years supply of mill
ing ore is now in sight above the
4OO-foot level. With all the stamps
at work about 1900 tons of ore are
milled per month.
w. V. WOlcott, president of the
Buckskin Mining Company. who
has been visiting that property, re-
turned to Ketchum on last Sunday
He is greatly pleased with the
Buckskin mine, and it is the in.
tention of his company to have a
mill on the grounds by next Au-
gust. He says that the Buckskin
property looks far better than rep
resented by Cal. Clawson, who re-
ported on the same before the pur-
chase was made. During his brief
stay Mr.. Wolcott visited several
of the mines at Bonanza and was
astonished that so good a country
had been so long neglected.
THE METAL MARKET.
The lead market continues very
firm in price and sales last week
aggregated fully 700 tons, including
AGO tons. the balance of the Rich
mond lead in store in New York.
For July delivery a small lot sold
at 81 67t. The number of manu-
facturers who have stocks of lead
appear to be rapidly diminishing,
and it is thought that in a month
or six weeks a large number will
have to buy. The outlook of the
market indicates that all the lead
produced this year will be wanted
in addition to the foreign stock
carried over from last year. A still
greater advance in prices is looked
for. Silver for the week has been
without animation, no special
movement being made.
MINING NOTES.
The concentrator of the Warm
Springs Company was started up
on Wednesday and is turning out
about twelve tons of ore for the
smelling works a day. 1t will be
kept in operation for some time to
come.
Frank Gooding has a number of
men at work repairing the road on
West Fork gulch, preparatory to
the commencement Of hauling ore
from that mine.
A number of parties leave to-
morrow for Boulder Mountain to
examine the progress made in the
mines there.
Mrs. Schwartz has purchased the
interest of one of the owners in the
Silver Crown mine, on East Fork.
and now holds controlling. inter-
est in the property. The mine will
require considerable development
work before its real value can be
ascertained. Several small punches
of ore have lately been found, and
from the reports lately given out
the purchase of the above addi-
tional interest was made. It's said
that the parties working on the
Venus claim adjoining threw up
their lease on account Of the ledge
inside the Silver Crown
lines.
A car load of ore from the Elk
horn mine arrived at the smelters
during the week after round about
trip. 1t was shipped from the mine
to Bellevue to be sampled, then
loaded on a car and sent back here.
The ore was portion of that which
had been in dispute for some time
and recently awarded to the de-
PENDANTS in the Elkhorn suit.
Twelve tons of ore from the Nay
Aug mine were received at the
smelling works on Tuesday.
w. A. Clark of Butte is expected
1t Houston with some of his min
ing associates to c~amine some of
The mines in that localil;.
The pack train of Kemp d Bea-
gle left yesterday for Boulder Noun
lain to bring down ore from the
Yankee Blade mine. 1t will be
packed as far as the ore house and
brought to town in wagons.
Work is progressing satisfactory
y at the Ophir mine. The ledge
has been struck in the tunnel ex-
tension and prospects are good for
tapping the ore vein soon.
Sam. Clemens has returned from
4 trip to the Camas Gold Belt. He
1oes not appear to be very enthu-
,iastic over the result of his visit.